OTC Asia 2026

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      3 Permits Awarded For Full Scale CO2 Storage In Denmark

      In what was the first round of tenders when it comes to the storage of CO2 in the Danish North Sea, a total of...

      Offshore Gas Field Nod From The US To Trinidad And Tobago

      As per the Trinidadian and U.S. officials, the Biden administration has given Trinidad and Tobago approval in order to make use of a key...

      Uganda Begins First Oil Drilling Project Under $10bn Scheme

      Uganda has recently launched an official oil drilling programme as it looks forward to joining the club of crude producing nations with a massive...

      TechnipFMC awarded $250 million subsea service contract offshore Brazil

      TechnipFMC has been awarded a master services agreement (MSA) for subsea services with Petrobras worth at least $250 million. The three-year contract has the...

      Uganda expects oil production by 2025 with new drilling activity

      Uganda has begun drilling operations in its controversial Kingfisher oil field, according to Associated Press. The country expects to start oil production as soon...

      Matador Resources acquires Delaware basin assets for $1.6 billion

      Consolidation in the Texas oil patch is gaining momentum this week after Matador Resources Co. agreed to acquire Advance Energy Partners Holdings LLC for...

      PETRONAS awards three production sharing contracts offshore Malaysia

      The Meranti Cluster, located offshore Peninsular Malaysia, was awarded to Ping Petroleum, which is in partnership with Duta Marine Sdn Bhd. All three PSCs were...

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      Enterprise SSD: More Than Just a New Kind of Hard Drive

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

      Don’t Miss the Unconventional Resource Revolution’s Next Wave

      It's s time for operators developing North America's  unconventional oil and gas reservoirs to embrace a new business model. Today, the typical business model...